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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›KREF›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

KKR Real Estate Finance Trust Inc. (KREF) financials

Income statement

KKR Real Estate Finance Trust Inc. (KREF) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net income$31.2M$59.1M$89.7M$90.0M$54.4M$137M$38.1M-$30.9M$35.6M-$47.1M
EPS (diluted)$1.61$1.30$1.58$1.57$0.96$2.21$0.23-$0.78$0.19-$1.05

Cash flow

KKR Real Estate Finance Trust Inc. (KREF) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$25.4M$53.8M$76.8M$91.7M$115M$125M$141M$156M$133M$72.3M
Share buybacks$0.00$523K$31.3M$4.11M$25.1M$0.00$35.8M$0.00$10.0M$43.4M
Dividends paid$21.9M$50.6M$88.8M$99.0M$96.5M$95.7M$115M$119M$81.8M$66.9M

Balance sheet

KKR Real Estate Finance Trust Inc. (KREF) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$96.2M$103M$86.5M$67.6M$111M$271M$240M$136M$105M$84.6M
Total assets$6.27B$7.39B$5.23B$5.06B$4.97B$6.70B$7.80B$7.55B$6.35B$6.46B
Total liabilities$5.76B$6.33B$4.10B$3.93B$3.92B$5.34B$6.23B$6.14B$4.95B$5.24B
Long-term debt$5.75B$6.22B————————
Shareholders' equity$498M$1.06B$1.13B$1.12B$1.04B$1.36B$1.57B$1.40B$1.35B$1.17B
Retained earnings$17.9M$6.28M-$225K-$8.59M-$65.7M-$38.2M-$142M-$314M-$370M-$506M
Shares (wtd avg diluted)19.3M45.3M55.2M57.5M56.1M56.8M67.6M69.2M69.4M66.8M

Every figure is extracted from KKR Real Estate Finance Trust Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

Does KREF pay a dividend?
Yes — KKR Real Estate Finance Trust Inc. paid $66.9M in cash dividends during FY2025, per its SEC cash-flow statement.
Full KREF analysis — verdict, score & filings →Is KREF a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.